The price of Exxon Mobil Corp. (NYSE:XOM) shares last traded on Wall Street rose 0.07% to $99.62.
Based on available information, 28 analysts follow Exxon Mobil Corp. (NYSE:XOM). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $150.00 and a low of $110.00, we find $127.00. Given the previous closing price of $99.55, this indicates a potential upside of 27.57 percent. XOM stock price is now -6.49% away from the 50-day moving average and -8.10% away from the 200-day moving average. The market capitalization of the company currently stands at $399.09B.
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Among analysts, 11 rate the stock a hold while 13 rate it a buy. Brokers who have rated the stock have averaged $127.34 as their price target over the next twelve months.
With the price target reduced from $118 to $115, TD Cowen maintained Market Perform rating for Exxon Mobil Corp. (NYSE: XOM).
In other news, UBBEN JEFFREY W, Director sold 2,077,000 shares of the company’s stock on Nov 28. The stock was sold for $216,127,428 at an average price of $104.06. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06, Director UBBEN JEFFREY W bought 250,000 shares of the business’s stock. A total of $26,491,420 was incurred on buying the stock at an average price of $105.97. This leaves the insider owning 2,077,000 shares of the company worth $206.91 million. Insiders disposed of 20,264 shares of company stock worth roughly $2.02 million over the past 1 year. A total of 0.16% of the company’s stock is owned by insiders.
A candlestick chart of Exxon Mobil Corp. (NYSE: XOM) showed a price of $99.80 on Monday morning. During the past 12 months, Exxon Mobil Corp. has had a low of $98.02 and a high of $120.70. As of last week, the company has a debt-to-equity ratio of 0.21, a current ratio of 1.42, and a quick ratio of 1.08. According to the stock market information, the enterprise value for the company is $406.19B, which is based on a 9.90 price-to-earnings ratio, a 0.22 price-to-earnings-growth ratio, and a beta of 0.97. The fifty day moving average price for XOM is $106.53 and a two-hundred day moving average price translates $108.40 for the stock.
The latest earnings results from Exxon Mobil Corp. (NYSE: XOM) was released for Sep, 2023. According to the Oil & Gas Integrated Company, earnings per share came in at $2.11, missing analysts’ expectations of $2.2 by -0.09. This compares to $4.83 EPS in the same period last year. The net profit margin was 11.92% and return on equity was 21.32% for XOM. The company reported revenue of $90.76 billion for the quarter, compared to $112.07 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -19.01 percent. For the current quarter, analysts expect XOM to generate $81.45B in revenue.
